Americas Silver (TSE:USA) Trading 2% Higher – Time to Buy?

Americas Silver Corp (TSE:USAGet Free Report)’s stock price shot up 2% during mid-day trading on Wednesday . The stock traded as high as C$0.53 and last traded at C$0.52. 436,655 shares changed hands during trading, an increase of 71% from the average session volume of 255,096 shares. The stock had previously closed at C$0.51.

Americas Silver Trading Up 2.0 %

The company has a current ratio of 0.44, a quick ratio of 0.19 and a debt-to-equity ratio of 33.81. The firm has a market cap of C$137.13 million, a PE ratio of -2.36 and a beta of 1.56. The business has a fifty day moving average price of C$0.54 and a 200 day moving average price of C$0.43.

About Americas Silver

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Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.

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